Market News
South African rand slips after mixed month-end data - REUTERS
BY Sfundo Parakozov and Anathi Madubela
JOHANNESBURG, Feb 27 (Reuters) – The South African rand slipped on Friday as traders digested mixed monthly data from the central bank, the revenue service agency, and the National Treasury for clues about the health of Africa’s largest economy.
At 1401 GMT the rand traded at 15.9650 against the U.S. dollar, down about 0.3% from Thursday’s close.
The dollar was little changed against a basket of currencies, while gold — one of South Africa’s major exports — rose i




